LF FOUNDATION INC

EIN: 994229513 501(c)(3) Education

NEW YORK, NY

Total Revenue
$750,000
Total Expenses
$748,128
Total Assets
$669,602
Net Assets
$662,742
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
NY
Principal Officer
DEVON G CROSS
Phone
2122011172
Tax Period
2025-01-01 to 2025-12-31

LF FOUNDATION INC, founded in 2024, is a small nonprofit in the Education sector that reported $750K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year.

Mission

PROVIDING EDUCATION SERVICES TO EDUCATE THE PUBLIC REGARDING THE RISKS AND OPPORTUNITIES EMERGING AT THE INTERSECTION OF TECHNOLOGY, FINANCIAL MARKETS, AND NATIONAL SECURITY

Program Service Accomplishments

Program 1
Expenses: $121,239 Revenue: $0

PRODUCTION AND PROMOTION OF EDUCATIONAL SERVICES PERTAINING TO TECHNOLOGY, FINANCIAL MARKETS & NATIONAL SECURITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $750,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $750,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,165
Fundraising Expenses $0
Program Expenses $121,239
Other Expenses $630,963
TOTAL EXPENSES $748,128

Year-over-Year Comparison

2025 2024 Change
Revenue $750,000 $850,000 -0.1%
Expenses $748,128 $189,130 +3.0%
Net Income $1,872 $660,870 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
1
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$72,009
Total Directors
3
$72,009
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVON CROSS PRESIDENT 1.00
Officer Director
$72,009 $0 $72,009
JONATHAN SMITH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
REUBEN JEFFERY TREASURER 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $750,000 $748,128 $669,602 $1,872
2024 $850,000 $189,130 $662,756 $660,870
2024 No data No data No data No data
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